Overview
What is Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust For Central Christian?
Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust for Central Christian is a charitable organization that wholeheartedly supports the Central Christian Church in Waco, Texas. They accomplish this by distributing grants to the church, thereby contributing to its operations and initiatives. This trust is committed to upholding the Central Christian Church's mission and purpose.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%, Two-Star out of Four Star rating)
The Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust For Central Christian has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. The organization scores well in areas such as program expense ratio, demonstrating a strong commitment to its mission with 81.88% of its expenses directed toward programs.
However, significant issues arise with governance, particularly the absence of independent board members, which reflects a potential lack of oversight. Additionally, key policies like the whistleblower policy are missing, and the organization's website is not listed on its tax form, which raises concerns regarding transparency and accessibility of information.
Despite these limitations, the trust has demonstrated good financial health with a zero liabilities to assets ratio, indicating it is not carrying debt. The presence of a conflict of interest policy and proper document retention practices are positive signs of governance, but overall, the organization needs to address its governance and transparency deficiencies to improve its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust For Central Christian legitimate?
Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust For Central Christian is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust For Central Christian submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $13,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust For Central Christian?
The Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust primarily focuses on supporting a specific organization, namely the Central Christian Church. Through its grant-providing program, the trust aims to contribute to the church's activities and upkeep. The trust does not have a publicly stated mission beyond this direct support.
What is the revenue of Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust For Central Christian?
Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust For Central Christian's revenue in 2023 was $39,738.
Who are the executives of Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust For Central Christian and what are their salaries?
There is 1 key member and their salary:
- Compensation: $13,125
- Related: $0
- Other: $0
Where can I find the form 990 for Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust For Central Christian?
Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust For Central Christian's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust For Central Christian
The Clifton & Betsy Robinson Charly & Sadie Seay Endowed Trust for Central Christian is a philanthropic entity that is dedicated to supporting the Central Christian Church. In line with its mission, the trust provides grants to the church to aid in its operations and initiatives. This support is a testament to the trust's commitment to upholding the values and activities of the Central Christian Church. By providing financial assistance, the Clifton & Betsy Robinson Charly & Sadie Seay Endowed Trust for Central Christian contributes to the church's ability to serve its community and carry out its religious and charitable work. The trust's involvement demonstrates a strong dedication to the continued success and growth of the Central Christian Church.
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Impact
October, 2024
The Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust for Central Christian significantly enhances the mission and activities of the Central Christian Church in Waco, TX. By providing financial support through grants, the trust helps facilitate various programs and initiatives that benefit the church community. This includes funding for worship services, outreach efforts, community events, and educational programs, all of which foster spiritual growth and community engagement. The trust's impact extends beyond mere financial assistance; it strengthens the church's ability to serve its congregation and the surrounding community, ensuring a lasting legacy of support for religious and community-oriented endeavors.
This information is meant to be a general summary of Clifton & Betsy Robinsoncharlie & Sadie Seay Endowed Trust For Central Christian. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $54,911
- Gross Receipts: $468,940
Assets and Liabilities:
- Total Assets: $1,677,577
- Total Liabilities: $0
- Net Assets: $1,677,577
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Organization Details
Founding Year
1999
Principal Officer
Community Bank Trust E
NTEE Category
Code: X11 - Religion related
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